Housing News

MassDevelopment Bonds Help Preserve Affordable Housing Units in Boston and Cambridge - December 10, 2013 
NOTICE OF ISSUANCE ON COMM-PASS REQUEST FOR QUALIFICATIONS (RFQ) FOR SERVICES RELATED TO EMPLOYMENT AND CAREER DEVELOPMENT, FINANCIAL LITERACY AND ASSET DEVELOPMENT, AND POST-SECONDARY EDUCATION Document Number: DHCD2014-04S
Please visit our new Public Housing Reform  page as a resource for those interested in the question of how to preserve and improve the State-aided public housing system. Topics covered are an introduction to the issue, background on the current system, system challenges and current legislative proposals and position papers on the subject. To learn more visit the new page here!
Notice of Funding Availability Housing Preservation and Stabilization Trust Fund
The Executive Office of Housing and Economic Development (EOHED) will hold public hearings on the FY2015 budget in December in Fitchburg and Boston: Date: Thursday, December 5th, Time: 5:00 pm – 7:00 pm Location: Fitchburg State University, Tower Room 314, Hammond Building, 160 Pearl St, Fitchburg, MA 01420 Date: Thursday, December 19th, Time: 10:00 am -12 pm Location: State House, Room 437, Boston, MA
CHAPA Forum: HUD’s Rental Assistance Demonstration –   What does the Program Hold for the Future?
GOVERNOR PATRICK ANNOUNCES OVER $73 MILLION TO BUILD OR PRESERVE 1,145 HOUSING UNITS ACROSS MASSACHUSETTS Projects will create growth and opportunity, over 1,900 construction jobs in communities across the Commonwealth
HUD has issued a notice/request for comment on a proposed new “Small Multifamily Building Risk Share Initiative” intended to give owners of small rental properties access to longer term, fixed rate financing for rehabilitation and refinancing.  The initiative would allow qualified Community Development Finance Institutions (CDFIs) and other “mission motivated” financial institutions or lending consortia to participate in HUD’s Risk Sharing Program for loans to owners of small multifamily rental and co-op properties (5-49 units). 

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